Intermediate Blockchain & Web3
Q72 / 100

What is the significance of a smart contract's "state" being stored on-chain?

Correct! Well done.

Incorrect.

The correct answer is A) It means the contract's variables and data persist across transactions and are replicated and agreed upon by all nodes in the network

A

Correct Answer

It means the contract's variables and data persist across transactions and are replicated and agreed upon by all nodes in the network

Explanation

Persistent on-chain state allows contracts to maintain balances, ownership records, or configuration across transactions, with every node maintaining a consistent copy as part of consensus.

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